451 Terra Eden Street

Forks, WA 98331

$365,000
Last Sold Price
8
Beds
4
Baths
3,072 Sq. Ft.
$119 / Sq. Ft.
3,072
Sq. Ft.
$119
per Sq. Ft.

Description

Investor alert! Here is your chance to own a well maintained 2 duplex / 4 unit investment. Almost fully fenced, includes grassy areas, room to turn around and a central paved drive. In 2017 property was upgraded with double pane vinyl windows and re-roofed with 30 year laminate shingles. Three of the four units have been updated with tough, water resistant laminate flooring throughout: subflooring replaced as necessary and new bathroom fixtures. Each unit features 2 bedrooms, 1 bathroom, covered...Investor alert! Here is your chance to own a well maintained 2 duplex / 4 unit investment. Almost fully fenced, includes grassy areas, room to turn around and a central paved drive. In 2017 property was upgraded with double pane vinyl windows and re-roofed with 30 year laminate shingles. Three of the four units have been updated with tough, water resistant laminate flooring throughout: subflooring replaced as necessary and new bathroom fixtures. Each unit features 2 bedrooms, 1 bathroom, covered carport, and utility room with washer dryer hookups. Strong rental history with quick re-rental and long term tenants. 2020 Gross Income of $30,475 and NOI of $21,669; new leases estimate increases to a 7% cap rate.
  1. Listed by Anastasia Kaminskis • Forks Avenue Real Estate
  2. Listed by Erin Queen • Forks Avenue Real Estate

Property Details for 451 Terra Eden Street

Community Name
Forks
School District
Quillayute
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
01-18-2021
Energy Source
Electric
Sewer
Septic Tank

Location

Listing Courtesy of Forks Avenue Real Estate

Sold By Forks Avenue Real Estate

Add your commute
LISTING UPDATED: 04/14/2021 06:11 PM

Property Details for 451 Terra Eden Street

StatusSold
MLS #1717432
Days on Market18
Cumulative Days on Market18
Taxes$1,953 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1973
Lot Size0.56 AC / 24,400 SF
CountyClallam County

Location

Listing Courtesy of Forks Avenue Real Estate

Sold By Forks Avenue Real Estate

Add your commute

Building Information for 451 Terra Eden Street

Stories1Residences4Year Built1973Building Size-Lot Size0.56 AC / 24,400 SF

Payment Calculator

$2,155 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,992

Property Taxes

$163

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 451 Terra Eden Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially, High Speed Internet
  • Area: 928 - Southwest Clallam
  • Block: B
  • Elementary School: Forks Elem
  • Middle Or Junior School: Forks Mid
  • High School: Forks High
  • Effective Year Built Source: Public Records
  • Directions: Hwy 101 turn west on Sol Duc Way head West onto Klahndike Blvd Left on Terra Eden Property on Right
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 855
  • Power Company: PUD
  • Sewer Company: Septic
  • Water Company: City Of Forks
  • Power Production Type: Electric
  • Utilities: High Speed Internet, Septic System, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1973
  • Photos Count: 16
Lot Information
  • Lot Details: Paved
  • Lot Size Dimensions: 202x120
  • Lot Number: 3
  • Lot Size Source: County
  • Parcel Number Free Text: 132809700232
  • Calculated Square Footage: 3072
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3072.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 8806
  • Gross Adjusted Income: 24194
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: $33,000
  • Insurance Expense: $1,600
  • Net Operating Income: $24,194
  • Other Expenses: $4,398
  • Total Monthly Income: 2750
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 451
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 768
  • Rent Unit 1: $650.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 453
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 768
  • Rent Unit 2: $700.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 461
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 768
  • Rent Unit 3: $700.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 463
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 768
  • Rent Unit 4: $700.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4508.0
  • Leasable Area Units: Square Feet

Property History for 451 Terra Eden Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 451 Terra Eden Street

Taxable ValueLand$30,163Additions$200,100Total$230,263
Tax Record2023$2,025 ($169 / month)
Home Facts
StyleQuadraplexYear Built1973CountyCLALLAMAPN1328097002320000

Schools near 451 Terra Eden Street

This home is within Quillayute Valley School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 9 to 12
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
Forks Elementary School
PublicPK to 4

Forks Alternative School
Public9 to 12

Forks High School
Public9 to 12

Forks Intermediate School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Forks Avenue Real Estate

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.